Terres Corporation produces and sells a single product.Data concerning that product appear below: The break-even in monthly dollar sales is closest to:

Name: Terres Corporation produces and sells a single product.Data concerning that product appear below: The break-even in monthly dollar sales is closest to:
Brand: Quizplus
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Question

Terres Corporation produces and sells a single product.Data concerning that product appear below:  The break-even in monthly dollar sales is closest to:

Quizplus · Accepted Answer

Contribution margin per unit = $100 - $33 = $67
Contribution margin ratio = $67 F1F1F1S1F1F1F10 $100 = 67%
Break-even point in dollars = $293,460 F1F1F1S1F1F1F10 67%
= $438,000

Terres Corporation Produces and Sells a Single Product